Speculation of carry trade reversal as yen strengthens to 155 range
We haven't written up this one. Nikkei Asia has the full story — the link below goes straight to it.
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AUD/JPY Price Forecast: Rebounds above 112.50, while staying constrained below 100-day SMA
The AUD/JPY cross trades in positive territory near 112.80 during the early European trading hours on Friday. However, the potential upside for the cross might be limited as traders ramped up bets on a Bank of Japan (BoJ) interest rate hike, boosting the Japanese Yen (JPY).